End of day analysis for the EURUSD 16-02-2021
Economies.com
2021-02-16 18:32PM UTC
The EURUSD pair bounced downwards clearly after reaching the first waited target at 1.2173, to test the EMA50 that forms good intraday support, waiting to resume the positive trades to surpass the mentioned level and open the way to head towards 1.2300 as a next target, reminding you that it is important to hold above 1.2064 to continue the expected rise.
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